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CDE warns against protectionism, urging export-focused policies to boost South Africa’s manufacturing competitiveness and economic growth. A leading development think-tank has cautioned authorities against protectionism that would stifle export-based economic growth. The Centre for Development and Enterprise (CDE) further called for an overhaul of industrial policy to move it away from protectionism, towards a focus […]
Hong Kong’s finance chief has revealed that another 17 companies will set up offices locally under a government push to develop the innovation and technology sector, as he pointed to “golden opportunities” for firms looking to settle in the city. Financial Secretary Paul Chan Mo-po also said on Sunday that Hong Kong would need to […]
Chinese economists called for institutional reforms after three US-based scholars won the Nobel Prize in economics with their research into how institutions shape the economic success of nations. Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson were named as this year’s winners on Monday in Stockholm having published extensively on the relationships between […]
It’s capitulation, to say the least. The government’s tendency to repeatedly cave in to the IMF’s pressure is now costing it its sovereignty. The decision to accept the Fund’s condition – that no new special economic zones or export processing zones will be established, and tax incentives already availed by the existing zones will not […]